0x Price Update
At the time of this writing, 0x has a price of $0.1588 USD, which puts it down by approximately 1.18% from yesterday. The down day for 0x yesterday was a reversal from the day before it, which puts its price at 3.17% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for 0x imply the currency may oscillate between $0.157476 and $0.170534, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $97 million US dollars.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
Over the past 24 hours, 1,388 transfers have been added to the blockchain recording transactions amongst holders of 0x. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 478. To provide context, we’d rank this token as 17 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are 0x’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.91%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 5.18% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.1%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.11%. As for the 0x’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Much Development is Occurring?
0x hasn’t had any activity on any of its GitHub repos since September 12, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.3 and 1.47, respectively, over the past 30 days.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow 0x on Twitter.
Where to Buy
Article by SixJupiter